Detroit Jobs Trust Fund Act

That’s legislation Clarke has proposed that would divert federal taxes collected in Detroit into a trust--about $2 billion annually over five years. That money would then be used to finance jobs and infrastructure projects.

Congressman Hansen Clarke wants Detroiters to stop paying taxes to the federal government, that money should be put aside as a trust fund to help re-build the city.

Clarke made the case for his Detroit Jobs Trust Fund before the Detroit City Council Tuesday. That’s legislation he’s introduced that would divert the money Detroiters pay in federal taxes over five years.

Some would go to erase the city’s—and its school district’s—debt burden.